Business Topics

| Feb 26, 2015

Nikkei rises on pension fund news

Stocks staged a sharp rally Thursday, backed by a decision by a body managing government workers’ pensions to boost investment in domestic stocks. The Nikkei 225 average surged 200.59 points, or 1.08 percent, to end at 18,785.79, its highest close in 14 years and ...

China calls shots in currency war

Feb 20, 2015

China calls shots in currency war

As fears of a global currency war grow, all eyes in Asia are on whether China will devalue its currency to avert a sharper economic slowdown. The urgency with which Asian central banks are cutting interest rates is an indication of not just the ...